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Average List Price
$653,241
Average Price per Sqft
$315
Number of Active Listings
7,303
New Listings (last 30 days)
1,565
Average Days on the Market
1696
Average Year Build
1985
Recent Transactions
Homes Sold (last 30 days)
1214
Average Sale Price (last 30 days)
$580,672
Rental Market
Average Rent per month
$2,809
Phoenix, Arizona, is a hotspot for multifamily income properties, boasting a booming economy, rapid population growth, and a strong rental market. As one of the fastest-growing cities in the United States, Phoenix attracts a diverse tenant base, including young professionals, retirees, and families seeking affordability and opportunity. The city's sunny climate and business-friendly environment have fueled development and demand for quality housing, making it an ideal market for investors. With a mix of modern apartment complexes, mid-sized developments, and high-demand suburban communities, Phoenix offers a range of multifamily investment opportunities. Its steady rental growth and low vacancy rates make it a prime destination for those seeking strong cash flow and long-term value in the multifamily sector.
Map of the area
$695,000
$999,000
$500,000
$600,000
$244,800
$650,000
$250,000
$450,000
$549,000
$1,750,000
$548,900
$499,000
$400,000
$189,900
$634,000
$129,000
$650,000
$920,000
$699,000
$925,000
$409,800
$480,000
$345,000
$549,000
Days on the Market
Ascending
24
Multiple Dwellings
$585,000
MLS# 6988700
ACTIVE
Listing Office: Realty ONE Group
Multiple Dwellings
$900,000
MLS# 6988812
ACTIVE
Listing Office: Gile Commercial Real Estate
Multiple Dwellings
$840,000
MLS# 6988882
ACTIVE
Listing Office: Blair Allen Luxury Real Estate
Multiple Dwellings
$775,000
MLS# 6989127
ACTIVE
Listing Office: Get Multifamily
Multiple Dwellings
$1,450,000
MLS# 6989552
ACTIVE
Listing Office: Gerchick Real Estate
Multiple Dwellings
$525,000
MLS# 6989910
ACTIVE
Listing Office: HomeSmart
Multiple Dwellings
$1,500,000
MLS# 6989939
ACTIVE
Listing Office: My Home Group Real Estate
Multiple Dwellings
$5,895,000
MLS# 6989965
ACTIVE
Listing Office: Marcus & Millichap
Multiple Dwellings
$438,000
MLS# 6989977
ACTIVE
Listing Office: Redfin Corporation
Multiple Dwellings
$1,040,000
MLS# 6990042
ACTIVE
Listing Office: Matthews Real Estate Investment Services
Multiple Dwellings
$535,000
MLS# 7009835
ACTIVE
Listing Office: Barrett Real Estate
Multiple Dwellings
$499,900
MLS# 7010114
ACTIVE
Listing Office: Get Multifamily
Business Opportunity
$187,500
MLS# 7010126
ACTIVE
Listing Office: American Realty Brokers
Multiple Dwellings
$999,900
MLS# 7010161
ACTIVE
Listing Office: Get Multifamily
Multiple Dwellings
$1,325,000
MLS# 7010684
ACTIVE
Listing Office: Orion Investment Real Estate
Multiple Dwellings
$795,000
MLS# 6952059
ACTIVE
Listing Office: Gerchick Real Estate
Multiple Dwellings
$3,300,000
MLS# 6955610
ACTIVE
Listing Office: ABI Multifamily
Multiple Dwellings
$1,325,000
MLS# 6955650
CONTRACT
Listing Office: ABI Multifamily
Multiple Dwellings
$488,000
MLS# 6955746
ACTIVE
Listing Office: Opulent Real Estate Group
Multiple Dwellings
$310,420
MLS# 6955864
Closed
Listing Office: Legion Realty
Multiple Dwellings
$475,000
MLS# 6957288
ACTIVE
Listing Office: Realty ONE Group
Multiple Dwellings
$424,900
MLS# 6946557
CONTRACT
Listing Office: HomeSmart
Multiple Dwellings
$775,000
MLS# 6947645
ACTIVE
Listing Office: Arizona Resource Realty
Business Opportunity
$75,000
MLS# 6948668
ACTIVE
Listing Office: American Realty Brokers
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